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MUFG Bank Vice President salaries in Chennai

Annual salary range
10 - 20 years exp.
₹32 Lakhs - ₹60 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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At par with the average Vice President Salary in Financial Services Companies for 10 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Vice President Salary
10 - 20 years exp. (5 salaries)
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₹32 L/yr - ₹60 L/yr

Human Resources
Vice President Salary
18 years exp. (AmbitionBox Estimate)
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₹37 L/yr - ₹47.4 L/yr

Last Updated: 10 Oct 2024

Companies similar to MUFG Bank for Vice President in Chennai

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MUFG Bank Vice President Salary

10 - 20 years exp. (6 salaries)

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₹32 L/yr - ₹60 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Citicorp Vice President Salary

8 - 24 years exp. (352 salaries)

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₹21 L/yr - ₹70 L/yr

arrow icon 9% more
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BNY Vice President Salary

7 - 20 years exp. (245 salaries)

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₹14.5 L/yr - ₹50 L/yr

arrow icon 37% less
36 job openings
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Wells Fargo Vice President Salary

10 - 22 years exp. (39 salaries)

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₹22 L/yr - ₹71.8 L/yr

arrow icon 5% less
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HSBC Group Vice President Salary

11 - 22 years exp. (16 salaries)

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₹31 L/yr - ₹62.6 L/yr

arrow icon 1% less
4 job openings
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Standard Chartered Vice President Salary

15 - 23 years exp. (131 salaries)

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₹28 L/yr - ₹80.5 L/yr

arrow icon 18% more
Vice President salary at MUFG Bank ranges between ₹32 Lakhs to ₹60 Lakhs per year for employees with experience between 10 years to 20 years. Salary estimates are based on 6 latest salaries received from various employees of MUFG Bank.

Latest annual salaries shared by MUFG Bank Vice President in Chennai

5mo ago
₹48 Lakhs
20 years exp.
7mo ago
₹37 Lakhs
18 years exp.
1y ago
₹49 Lakhs
12 years exp.
1y ago
₹60 Lakhs
13 years exp.

Experience wise MUFG Bank Vice President salaries in Chennai

Last Updated: 10 Oct 2024

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹39.6 L/yr - ₹50.6 L/yr
11 years (AmbitionBox Estimate)

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₹39.9 L/yr - ₹51 L/yr
12 years (AmbitionBox Estimate)

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₹40.3 L/yr - ₹51.4 L/yr
13 years (AmbitionBox Estimate)

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₹40.6 L/yr - ₹51.9 L/yr
14 years (AmbitionBox Estimate)

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₹40.9 L/yr - ₹52.3 L/yr
View all

Similar Designation salaries in MUFG Bank

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₹15 L/yr - ₹40 L/yr
Deputy Manager Salary
(3 salaries)
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₹16 L/yr - ₹20 L/yr

Salary related reviews for MUFG Bank

3.0

Rated by 1 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 20 Nov 2024

1.0
 for  Salary and Benefits

Likes

1. People are nice 2. Work life balance 3. Hybrid working

  • Job security - Good
  • +2 more

Dislikes

1. The pay is way below the market 2. No scope for growth (at all) 3. No matter the designation (ex. Director grade) you will be an individual contributor

read more
  • Salary - Bad
  • +2 more

Full Time

 · 

Risk Management & Compliance Department

4.0
  •  posted on 28 Jul 2023

4.0
 for  Salary and Benefits

Likes

Worklife Balance Bangalore management Culture

  • Salary - Good
  • +2 more

Dislikes

No learning Too much restructuring People with less experience are being hired in senior roles with higher package. Tenured employees with less salary are not promoted

read more
  • Skill development - Bad
  • +3 more

Full Time

 · 

Other Department

2.0
  •  posted on 02 Aug 2022

1.0
 for  Salary and Benefits

Likes

There is job security and salary comes on time.

  • Job security - Excellent

Dislikes

The bank has all old people working for the past 25-35 years. The average salary hike is 6% p.a. There is no work life balance. One has to sit daily at nights to complete work. If you tell the same to the management or HR, they wont take any action on the same as they support and glorify this culture themselves.

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Engineering - Software & QA Department

5.0
  •  posted on 03 Aug 2024

5.0
 for  Salary and Benefits

Likes

Company and policy Hybrid working policy Salary and benefits Office transportation Car lease scheme Medical insurance Team members and manager

read more
  • Salary - Excellent
  • +4 more

Dislikes

For IT professional,Office located in Bangalore only. Should have more working locations like in Pune , Mumbai ,Gujrat and Delhi.

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Other Department

3.0
  •  posted on 01 Oct 2020

2.0
 for  Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent.

  • Work satisfaction - Good

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

read more
  • Salary - Poor
  • +3 more
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MUFG Bank Vice President Salary FAQs

What is the salary of Vice President at MUFG Bank in Chennai?
The average salary of a Vice President at MUFG Bank in Chennai typically ranges from ₹32.0 Lakhs to ₹60.0 Lakhs per year, depending on experience (from 10 years to 20 years).

The top 10% of Vice President in Chennai at MUFG Bank earn more than ₹58.9 Lakhs per year, and the top 1% earn over ₹60.0 Lakhs per year. Vice President Salaries at MUFG Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 6 MUFG Bank employees in India.
What is the estimated take home salary of a Vice President at MUFG Bank in Chennai?
The estimated take-home salary of a Vice President at MUFG Bank in Chennai typically ranges from ₹2,69,292 to ₹2,80,330 per month. This is based on the average salary range of ₹32.0 Lakhs to ₹60.0 Lakhs per year for employees with experience ranging from 10 years to 20 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 6 salaries received from various employees of MUFG Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than MUFG Bank for Vice President in India?
Standard Chartered ₹28.0 Lakhs to ₹80.5 Lakhs per year
Citicorp ₹21.0 Lakhs to ₹70.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by MUFG Bank, depending on the role and experience level.
What is the salary of a Vice President in companies similar to MUFG Bank in Chennai?
The salary of a Vice President at companies similar to MUFG Bank in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HSBC Group ₹31.0 Lakhs to ₹62.6 Lakhs per year
Wells Fargo ₹22.0 Lakhs to ₹71.8 Lakhs per year
BNY ₹14.5 Lakhs to ₹50.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Vice President at MUFG Bank in Chennai?
The salary growth for a Vice President at MUFG Bank in Chennai depends on factors such as experience, performance, and promotions. On average, a Vice President in Chennai can expect the following growth trajectory at MUFG Bank:

Experience Average Salary Range
10 years ₹39.6 Lakhs to ₹50.6 Lakhs per year
11 years ₹39.9 Lakhs to ₹51.0 Lakhs per year
12 years ₹40.3 Lakhs to ₹51.4 Lakhs per year
13 years ₹40.6 Lakhs to ₹51.9 Lakhs per year
and so on.

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MUFG Bank Vice President salary in Chennai ranges between ₹32 Lakhs to ₹60 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 MUFG Bank latest salaries received from various employees of MUFG Bank.